(Mar 20, 2010) The
Tianjin municipal government is going to build another European-style
leisure zone that enriches the city's cultural and historical ambiance.
The city government started investing RMB5.1 billion on building a
British-style resort in March, after making a similar Italian theme
district last year. The "British" zone on Tai'an Road will ...

Price: USD $17.50

Anhui Makes Culture Its Pillar Industry

(Mar 19, 2010) The
cultural business is developing fast in Anhui province which is
expecting to garner an output value of over RMB100 billion in 2015.
Anhui province has invested RMB234.55 billion in 550 cultural projects
in the last five years, and has finished constructing 62 projects worth
RMB32.87 billion. Some 105 projects ...

Price: USD $17.50

Wuliangye's Net Profit up 79%, Brand Valued at
RMB47bn

(Mar 19, 2010) Chinese winery Wuliangye Group achieved
RMB11.129 billion of sales revenue in the financial year 2009, up 40.29%
on-year. The wine company targets a 20% growth in sales revenue of core
business and net profit in 2010, on top of the net profit of RMB3.245
billion of 2009, a growth of ...

Price: USD $17.50

Li Ning Sees 10% Rise in Same-store Sales

(Mar 19, 2010) Li
Ning Company Limited expects same-store sales to rise 10% in 2010 and
gross profit margin to hover between 47% and 48%, says Chong Yik-kay,
CFO of Li Ning Company. The sport apparel company plans to spend RMB200
million building a logistics park this year and boosts the number of ...

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Retail Sales Steadily Rising in China's Core
Regions

(Mar 18, 2010) The three major economic deltas of China did
total retail sales of RMB4.8 trillion in 2009, up 17.0% over 2008 with a
growth rate 4.1 percentage points lower. The Yangtze River Delta
materialized total retail sales of consumer goods of RMB2.5 trillion in
2009, up 16.8% on-year, down 4.1 percentage ...

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Shandong's Lushang Brings in Five-star Hilton

(Mar 18, 2010)
Five-star hotel Hilton Hotel Management Group signed an agreement with
Lushang Group on 18 March 2010, opening its first hotel at the Silver
Plaza of Jinan, Shandong Province. The new five-star hotel will cover an
area of 64,000 square meters renovated from the 50mu (1mu=1/6acres) of
idle land of the ...

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Shandong Gold Net Profit Up 17%, Daily
Production Broke Record

(Mar 18, 2010) Shandong Gold Group targets to
achieve RMB24 billion of operation income this year, producing 18.20
tons of gold. Shandong Gold Group's mining and gold production reached
17.668 tons in 2009, an increase of 11.86% on-year. The company's sales
income reached RMB23.36 billion, up 17.55% on-year, a growth driven by
the ...

Price: USD $17.50

Chongqing Rural Commercial Bank Allocates
RMB10bn to Agriculture

(Mar 17, 2010) Chongqing Rural Commercial Bank
will allocate special project funds of RMB10 billion to peasants and
farm households in both the northeast and southeast tips of the
municipal. Apart from policy and technological support, Chongqing has
done a great job in giving financial aid which has been plaguing many
peasants. About ...

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Van Cleef & Arpels Focuses Expansion on China

(Mar 17, 2010)
French jeweler Van Cleef & Arpels will give priority to developing the
mainland Chinese market, planning to double the number of outlets in
2010, says Stanislas De Quercize, CEO of the jeweler. Quercize says that
Van Cleef & Arpels is going to open 7 shops this year, the same number ...

Price: USD $17.50

Anhui to Open its First Local Franchise Market in
Late March

(Mar 17, 2010) Anhui province will trial run its first
large-scale franchise market in Shushan District, Hefei city in late
March, selling Anhui-grown famous products and farm produce. The
franchise market covers construction area of 13,000 square meters and is
Anhui's first large-scale one-stop market which sells the province's
specialties. The market will ...